How Much Does Drake Spend On His Private Jet? Source Bing.com
Drake is one of the most successful and influential figures in the music industry today. He is known for his lavish lifestyle, including his private jet. But how much does Drake actually spend on his private jet? This article will explore the cost of Drake’s private jet and provide insights into what type of aircraft he owns.
What Type Of Private Jet Does Drake Own?
Drake owns a Bombardier Global Express XRS, which is a high-end business jet. It is one of the most expensive planes in the market and it is estimated to cost around $60 million. The jet is equipped with a luxurious interior, complete with a full-size bed, two bathrooms, and a kitchenette. It also has a long range of 6,500 miles, allowing Drake to travel to almost any destination in the world.
How Much Does Drake Spend On Maintenance?
The cost of maintaining a private jet is not cheap. It is estimated that Drake spends around $2 million per year on maintenance costs. This includes the cost of fuel, regular maintenance, and insurance. It is also important to note that Drake’s jet is a high-end jet, so it requires a higher level of maintenance than other private jets.
How Much Does Drake Spend On Pilots?
In order to fly his jet, Drake needs to hire experienced pilots. The cost of hiring a pilot is estimated to be around $150,000 per year. This includes the cost of hiring a pilot, as well as the cost of training and certifying them. This cost can easily add up over time.
What Other Costs Does Drake Incur?
In addition to the costs mentioned above, Drake also needs to consider the cost of ground staff, catering, and other services. These costs can add up to several hundred thousand dollars per year. Additionally, Drake may also need to consider the cost of leasing hangar space and other facilities.
How Much Does Drake Make From His Private Jet?
Although Drake incurs high costs for his private jet, he is able to make a profit from it. He often rents out his jet to other celebrities and companies, which can generate a significant amount of revenue. It is estimated that Drake can make up to $500,000 per year from renting out his jet.
What Is The Total Cost Of Drake’s Private Jet?
When all the costs are taken into consideration, it is estimated that Drake spends around $8 million per year on his private jet. This includes the cost of the jet, maintenance, pilots, ground staff, catering, and other services. Additionally, Drake can make up to $500,000 per year from renting out his jet.
Conclusion
Overall, Drake spends a significant amount of money on his private jet. The cost of the jet is estimated to be around $60 million and he spends an additional $8 million per year on maintenance, pilots, and other services. Additionally, Drake can make up to $500,000 per year from renting out his jet. All in all, Drake’s private jet is a luxury that comes with a hefty price tag.
